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Project Report On Training and Development
Project Report On Training and Development
DEPARTMENT OF MANAGEMENT
A
PROJECT REPORT
ON
TRAINING AND DEVELOPMENT
IN
Submitted to lovely professional university
In the partial fulfillment of the requirement for the award of MBA degree
Submitted by:
HARJEET KAUR
RS1903B42
DEPARTMENT OF MANAGEMENT
LOVELY PROFESSIONAL UNIVERSITY
PHAGWARA
ACKNOWLEDGEMENT
It is a great opportunity & pleasure for me to express my profound gratitude towards all the
individuals who directly or indirectly contributed towards completion of this report.
Working on this report was a great fun, excitement, challenges and a new exposure in the field of
Human Resource.
I am greatly indebted to under whose guidance and concern i am able to bring the report into its
real shape.
Mr.V.P.Singh (HRD, LUMAX I NDUSTRI ES LTD SI DCUL RUDRAPUR)
Mr.Pawan Chaudhary
I am thankful to all faculty members of management department in providing me useful guidance
for the completion of this report.
I convey my gratitude to all those who are directly or indirectly related in the completion of this
project report.
Finally I would be failing in my duty if I don't express my thanks to the respondents whom I
visited and took their valuable time to answer my questionnaire.
HARJEET KAUR
DECLARATION
I harjeet kaur,student of lovely professional university, Paghwara here by solemnly
declare that the project titled training and development is my original as all the
information, facts and figure in this report is based on my own experience and study
during my summer training procedures.
HARJEET KAUR
PREFACE
Partial knowledge is an impotent suffix to theoretical knowledge; one cannot merely
rely upon the theoretical knowledge. Classroom make the fundamental concept clear,
but practical survey in a firm has significant role to play in a subject of Business
Management to develop managerial skills, it is necessary that they combine their
classroom's learning with the knowledge of real business environment.
I am extremely happy to place before the esteemed Teachers/Management the Report
of the project entitled "Training and Development".
It has not only helped me to enhance my knowledge about various fields of Human
Resources & Company responsibilities towards their welfare but also gave new
dimension to my knowledge about psychology & attitude of the Employees towards the
work & their duties.
TABLE OF CONTENTS
INTRODUCTION
OBJECTIVE OF STUDY
LITETRATURE REVIEW
RESEARCH METHODOLOGY
SAMPLE SIZE
SCOPE OF STUDY
LIMITATION OF THE STUDY
HISTORY OF COMPANY
TRAINING AND DEVELOPMENT IN LUMAX
DATA ANALYSIS
CONCLUSION
RECOMMENDATION/ SUGGESTIONS
BIBLIOGRAPHY
QUESTIONAIRE
INTRODUCTION
As a part of the curriculum of MBA (III) semester, I underwent my Summer training
project at LUMAX INDUSTRIES LTD, SIDCUL. This six-weeks training in an industrial
organization seems to be necessary for the complete understanding of the phenomenon related
with Training and development. This study prescribes add situation before the researcher, there
by he/she gets perfection. This short of study injects flavors of confidence in heart and mind of
the researcher. It provides ample opportunity to comprehend the phenomenon and suggest best
solution of it.
I was assigned the title "Training and development". My topic is concerned with the
employee's development at LUMAX INDUSTRIES LIMITED, SIDCUL.
Employees training tries to improve skills, or add to the existing level of knowledge so that
employees is better equipped to do his present job, or to prepare him for higher position with
increased responsibilities. However individual growth is not and ends in itself. Organizational
growth need to be measured along with individual growth.
Training refers to the teaching or learning activities done for the primary purpose of helping
members of an organization to acquire and apply the same. Broadly speaking training is the act
of increasing the knowledge and skills of an employee for doing a particular job.
In todays scenario change is the order of the day and the only way to deal with it is to learn and
grow. Employees have become central to success or failure of on organization they are the
cornucopia ideas. So it high time the organization realize that train and retain is the mantra of
new millennium.
OBJECTIVES OF THE STUDY
The specific objectives of the study are:
To examine the effectiveness of training in overall development of skills of workforce.
To examine the impact of training on workers.
To study the changes in behavioral pattern due to training.
To find out new methods of training and development in LUMAX, SIDCUL.
I have tried to take a view on the topic in a practical manner, so that the feedback can be
provided to the organization.
EXECUTIVE SUMMARY
Every organization needs to have well trained and experienced people to perform the activities
that have to be done. If current or potential job occupants can meet these requirements, training
is not important. When this not the case, it is necessary to raise the skills levels and increase the
versatility and adaptability of employees.
It is being increasing common for individual to change careers several times during their
working lives. The probability of any young person learning a job today and having those skills
go basically unchanged during the forty or so years if his career is extremely unlikely, may be
even impossible. In a rapid changing society employees training is not only an activity that an
organization must commit resources to if it is to maintain a viable and knowledgeable work
force.
The entire project talks about the training and development in theoretical as well as new
concepts, which are in trend now. Here we have discussed what would be the input of training if
we ever go for and how can it be good to any organization in reaping the benefits from the
money invested in terms like (ROI )i.e. return on investment. What are the ways we can identify
the training need of any employees and how to know what kind of training he can go for?
Training being in different aspect likes integrating it with organizational culture. The best and
latest available trends in training method, the benefits which we can derive out of it. How the
evaluation should be done and how effective is the training all together. Some of the companies
practicing training in unique manner a lesson for other to follow as to how train and retain the
best resource in the world to reap the best out of it.
Development is integral part of training if somebody is trained properly and efficiently the
developments of that individual and the company for whom he is working. Here we discussed
about development of employees, how much to identify the needs, and after developing how to
develop executive skill to sharpen their knowledge. Learning should be continues process and
one should not hesitate to learn any stage. Learning and developing is fast and easy at LUMAX
industries ltd.
MEANING OF RESEARCH & DEFINITION
Research refers to a search for knowledge. Once can also define research as a scientific and
systematic search for pertinent information on a specific topic.
Research is an art of scientific investigation.
Systematized effort to gain new knowledge [Redman and Mary]
It is a voyage of discovery
METHODOLOGY
Methodolgy can be defined as-
The analysis of the principles of methods, rules, and postulates employed by a
discipline.
The systematic study of methods that are, can be or have been applied within a
discipline.
A particular procedure or set of procedures.
Methodology includes a collection of theories, concepts or ideas as they relate to a particular
discipline or field of inquiry:
Methodology refers to more than a simple set of methods;
]
rather it refers to the rationale and the
philosophical assumptions that underlie a particular study relative to the scientific method. This
is why scholarly literature often includes a section on the methodology of the researchers. This
section does more than outline the researchers methods might explain what the researchers
ontological orepistemological views are.
Another key (though arguably imprecise) usage for methodology does not refer to research or to
the specific analysis techniques. This often refers to anything and everything that can be
encapsulated for a discipline or a series of processes, activities and tasks. Examples of this are
found in software development, project management and business process fields. This use of the
term is typified by the outline who, what, where, when, and why. In the documentation of the
processes that make up the discipline, that is being supported by "this" methodology, that is
where we would find the "methods" or processes. The processes themselves are only part of the
methodology along with the identification and usage of the standards, policies, rules, etc.
Researchers acknowledge the need for rigor, logic, and coherence in their methodologies, which
are subject to peer review.
RESEARCH METHODOLOGY
Primary data was collected through
Questionnaires
Personal observations
Secondary data was collected through
Newspapers
Magazines
Internet
SAMPLE SIZE
Sample size is decided under three decisions:
1- Sample Size unit LUMAX SIDCUL
2- Sample Size No. - 25 Staff members.
3- Sample size method - Rating Method
PERIOD OF THE STUDY
The period of the study consists of 45 days in a reputed industrial organization, which is the
manufacture of Automotive Parts situated at Rudrapur, Uttarakhand.
Data collection: Data was collected through both primary and secondary sources. The primary
data was collected through administration of questionnaire through personal observation.
Secondary source includes article from magazines. Company's manual and Internet was also
used to collect data (secondary).
SCOPE OF STUDY
In this project I have tried to present details about the training and development
programs being presently followed in LUMAX SIDCUL and the feedback, I collected
from different employees during my interaction with them.
The scope of training and development can be explained with the help of following
points -
exact position of performance of employees through their feedback
various training and development programs.
LIMITATION OF STUDY
During my training period although the management and plant personnel were very co-
operative & extended their full support, yet there were following limitations associates
with my study which I would like to mention:
Due to the busy schedule of an organization I was unable to grasp the precious words of
the HRD Manager.
LITRATURE REVIEW:
Dr.sarbjit, direction apeejay college of engineering, gurgon, india, august 18, 2009.In todays
fast moving economy and prevailing uncertainty all around us, the role of HRD is lot more than
just identifying suitable manpower and meeting organizational training needs. Developing
peoples full capabilities and managing them well is the heart of any organization. This articles
focus on three controlling elements for the success of any business that are people, time and cost.
Paul lewis, William j. rothwell, lindamillar, ahad osman-gani,14/2010.This article says that, the
effective use of human resources is seen as a perquisite, and the training and development of
employees as paramount. The growth of training and development as an academic subject
reflects its growth in practice.
Department of psychology & institute of Molecular Biology, University of Oregon, Eugene,
OR 97403; and